(VOVworld) – Governor of the State Bank of Vietnam Nguyen Van Binh said last year’s socio-economic achievements have the contribution of the banking system.
Nguyen Van Binh, Governor of the State Bank of Vietnam
Speaking in the program “People ask, Ministers answer”, Mr. Binh said the people and society’s trust in the banking system has been strengthened. The central Bank will continue to manage the exchange rate between the VND and USD at 2% in 2015.
The Bank’s prediction and orientation have been in line with reality. Mr. Binh said: “Last year the central Bank bought in a large volume of foreign currency and poured into the market an equivalent amount of VND. The Bank will strive to realize its commitment of not adjusting the exchange rate. It will ensure enterprises to stick to their business plans.”
Mr. Binh said the State Bank of Vietnam will maintain the current interest rate, resolve bad debts, and monitor commercial banks to have risk reserve funds to handle their own bad debts.
Đăng ký: VietNam News
